Description

A Beautiful 1958 Proof Sovereign

Elizabeth II gold Proof Sovereign 1958, S-4125, KM908,
WR-450 (R4), reeded edge Proof of Record, PR64 PCGS, gleaming
brilliance with only slight haziness, which is normal, the deeply
mirrored fields still intense. Wilson & Rasmussen estimate that
11 to 20 examples exist. The cataloguer has seen perhaps ten pieces
in some 35 years. Not often mentioned in descriptions of this coin
are the elongated, tiny capital letters "MG" centered in low relief
on the truncation of the queen's portrait, which was designed in
1953 by Mary Gillick. The obverse legend used for the 1953 coinage
was slightly modified in 1954. The last 2nd Issue sovereign was
struck in 1968. The 1953 proof sovereign was never issued to the
public, and only 1 or 2 exist in private collections. Proofs of
Record were struck in 1957, 1958, 1959 and 1963. The first three
are of about equal rarity. The 1963 proof sovereign is extremely
rare. However, the opportunity to purchase any proof of this
type is also a rare occurrence, and this specimen ranks high among
the known examples.

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Scott W. Halvorsen,Sandy, OR